Robnectar:



Bome tin gbemi de be bayiii

iLegendd:
I won't lie to you , the rich will keep getting richer because they've mastered the art of patience .

And by the way, stage 2 of 5 green happened today.

They have a more routined lifestyle. They do not get shockers like we do. We can invest 2k USD, and then, bam! baby will start to run a fever, rent money will be used to go to the emergency room, school fees will be used to replace house rent. Before you know it, you HAVE to sell your crypto for now.

But the rich have some amount set aside for survival, and then, even miscellaneous on top of that.

Sarahray:

I bought this coin last year when it was @44,my $100 turned $26,I had to sell at loss

'
I bought from 10 USD down to 4 USD. It went up a lot but I did not sell it a lot, I took a little to buy a car, but lost most of it back to the market,

Chikacha:

'
I bought from 10 USD down to 4 USD. IT WENT UP BUT I DID NOT SELL IT A LOT, TOOK A LITTLE TO BUY A CAR, BUT LOST MOSY OF IT BACK TO THE MARKE

You must have invested a substantial amount

Chikacha:


Very big risk but if it even goes half of Its ATH. God don do am.

you said you earn 100/200movr monthly? That means the amount of mvr you're currently staking most be very huge oh

Chikacha:


They have a more routined lifestyle. They do not get shockers like we do. We can invest 2k USD, and then, bam! baby will start to run a fever, rent money will be used to go to the emergency room, school fees will be used to replace house rent. Before you know it, you HAVE to sell your crypto for now.

But the rich have some amount set aside for survival, and then, even miscellaneous on top of that.

Exactly 👍.
Hodling Dey sweet for mouth..
Generally it’s extremely hard to hodl if you’re not financially stable, if financial crisis hits you, no way u won’t touch your ‘hodl’….
It’s not really about being ‘impatience’ most time, na person wey get alternative or extra dey get patience for this market..
..

That’s why at the end of the super cycle , most people end up in the same position they were ..

You've explained it. Why I'm not feeling this dip too much is because I'm a salary earner and my salary is kinda sustainable plus I can access loan as a federal staff if e red well well. Otherwise I don't know what I would have done now. Imagine SOL that I thought is heading to 200 sharp sharp, the werey don go back to the 50s. I'm calm anyways.

Chikacha:


They have a more routined lifestyle. They do not get shockers like we do. We can invest 2k USD, and then, bam! baby will start to run a fever, rent money will be used to go to the emergency room, school fees will be used to replace house rent. Before you know it, you HAVE to sell your crypto for now.

But the rich have some amount set aside for survival, and then, even miscellaneous on top of that.

Btc Dey pump

Shitcoins no pump

Btc Dey drop small small

Shitcoins Dey drop -15%

Wow!

That’s so crazy mehn

Sarahray:

Since you don’t knw, then why mock someone else.

But if e dey pump, TA go dey flow

Why be say na only when e green, TA dey flow

What about red days

Mercylike:


I never hear or see your TA sir... You have been coming online but not typing anytin here sir

Abi the red don corner you too..

Where are we going from here sir..

Ur TA please

Make you sef drop TA abi you
no see say market dey bleed

Chikacha:


The man campaigned for 4 whole years! I do not see a reason for him not to win.

I swear down, he have everything mapped out already

Robnectar:



Bome tin gbemi de be bayiii

Local man is frustrated!

Him eye don see wetin him
mouth no fit talk

Currently like dis, I'm tew stingy to pay attention to dis kido😴

Chully01:

I will DCA thou

Mercylike:


But if e dey pump, TA go dey flow

Why be say na only when e green, TA dey flow

What about red days

If u were here during the bear market,I don’t think you would say this,graceglory and ilegend have been so consistent ever since,so I don’t knw what you’re driving at.

Na dust you dey yarn Baba. Wetin do your own hand to drop TA here? Abi dem dey pay Graceglory for his services?

Mercylike:


But if e dey pump, TA go dey flow

Why be say na only when e green, TA dey flow

What about red days

*Investor vs. Trader:*

Investors typically focus on long-term wealth creation through:

1. Buying and holding assets (stocks, real estate, etc.)
2. Dividend income
3. Compound interest

Traders, on the other hand, aim to profit from short-term price movements through:

1. Active buying and selling
2. Technical analysis
3. Market timing

*Comparing Returns:*

While it's possible for traders to make significant profits in a shorter timeframe (2 years or less), it's essential to consider:

1. Risk: Trading involves higher risk due to market volatility and leverage.
2. Skill: Successful trading requires expertise, discipline, and emotional control.
3. Market conditions: Trader profits are heavily dependent on market trends and conditions.

In contrast, investors typically enjoy more stable, long-term growth, albeit at a slower pace.

*Example:*

Assume an investor earns an average 8% annual return over 10 years, resulting in a 100% gain. A trader, using leverage and aggressive strategies, might achieve similar gains in 2 years or less. However, this comes with significantly higher risks, including potential losses.

*Realistic Expectations:*

While traders can potentially earn impressive returns quickly, it's crucial to understand:

1. Most traders lose money or underperform the market.
2. Trading requires continuous education, adaptation, and emotional discipline.
3. Market conditions can change rapidly, impacting trading success.

*Conclusion:*

The statement is partially true, but it's essential to consider the risks, skills, and market conditions involved. Trading can offer faster returns, but it's not suitable for everyone.

Prophetkelly:
Na dust you dey yarn Baba. Wetin do your own hand to drop TA here? Abi dem dey pay Graceglory for his services?

TA na shit bro

It was invented by some people to gather followers and collect money to learn.. Not saying and Ilgnd collect money, but mostly does that


Institutional investors, nations and powerful individuals controls all, not shitty TA

Sarahray:

If u were here during the bear market,I don’t think you would say this,graceglory and ilegend have been so consistent ever since,so I don’t knw what you’re driving at.

When was the bear market?

Weldone guys....I will say im much of a holder than trader in this game. Was using binance before I noticed that p2p is no longer allowed there....

So, I'm planning to start investing again...
Like if I want to start with something like 200k....which coins do you guys suggest I should invest on?

Is it advisable to put it all on one coin or diversify into different coins?

Please treat as urgent.

Nedum001:
Weldone guys....I will say im much of a holder than trader in this game. Was using binance before I noticed that p2p is no longer allowed there....

So, I'm planning to start investing again...
Like if I want to start with something like 200k....which coins do you guys suggest I should invest on?

Is it advisable to put it all on one coin or diversify into different coins?

Please treat as urgent.

Go nd learn crypto first

Nobody should advice you on how to diversify your portfolio

200k is just $118. I honestly do not know how long it will take to get good profit with this. Crypto trading needs better fund at least $500 expect you want to be trading futures.

Nedum001:
Weldone guys....I will say im much of a holder than trader in this game. Was using binance before I noticed that p2p is no longer allowed there....

So, I'm planning to start investing again...
Like if I want to start with something like 200k....which coins do you guys suggest I should invest on?

Is it advisable to put it all on one coin or diversify into different coins?

Please treat as urgent.

Sarahray:

You must have invested a substantial amount

I did.

seanwilliam:

Exactly 👍.
Hodling Dey sweet for mouth..
Generally it’s extremely hard to hodl if you’re not financially stable, if financial crisis hits you, no way u won’t touch your ‘hodl’….
It’s not really about being ‘impatience’ most time, na person wey get alternative or extra dey get patience for this market..
..

That’s why at the end of the super cycle , most people end up in the same position they were ..

This is true, all someone is left with are pictures of ""if only I did it like this " and "if not just that this one happened." Then wait another circle.

Robnectar:


I swear down, he have everything mapped out already

I agree.

..

sweetveek:
you said you earn 100/200movr monthly? That means the amount of mvr you're currently staking most be very huge oh

Yes, I am too emotional to trade futures, so I am trying to follow what I believe in like I am crazy. If after all this I don.t make it, then I wont follow crypto at all again.

SINisSIN:
You've explained it. Why I'm not feeling this dip too much is because I'm a salary earner and my salary is kinda sustainable plus I can access loan as a federal staff if e red well well. Otherwise I don't know what I would have done now. Imagine SOL that I thought is heading to 200 sharp sharp, the werey don go back to the 50s. I'm calm anyways.

SOLANA na federal government, na weytin him like him dey do, when him want to do am.

Shey you dey see am? Then, if you have a good coin that you hold, as far as you nor sell am, if the bear market likes let it take 4 years, your life will surely change. This is why the rich get richer.

Another one is when I have 1k USD and you have 100k USD, if we hear an Alpha and buy the same coin, I will be waiting for 20 to 50 X while you are good with 5 to 10X. I will end up holding your bag (even when I buy before you) because your bag is always heavier and because you understand you are only taking a position (putting as many bucket outside in the rain as possible) while me, I understand that I need to hold, if not own that coin to make it. (find a spot where plenty of water would likely run down a roof when and if it ever rains, and then wait for it to happen without any disappointments, dirts, or something else ....... meanwhile, I have to have enough water to survive while waiting for such possibilities, and did I mention that the bucket is my only bucket, so I am also limited to how long I can leave it outside , it must also not get lost because......)

seanwilliam:

Exactly 👍.
Hodling Dey sweet for mouth..
Generally it’s extremely hard to hodl if you’re not financially stable, if financial crisis hits you, no way u won’t touch your ‘hodl’….
It’s not really about being ‘impatience’ most time, na person wey get alternative or extra dey get patience for this market..
..

That’s why at the end of the super cycle , most people end up in the same position they were ..

Make I no talk at all.

Mercylike:


But if e dey pump, TA go dey flow

Why be say na only when e green, TA dey flow

What about red days

I think Alexas58 was right about you.

You haven't made any analysis or drop charts here but you are quick to mock others.

You've mocked iLegendd here before and now you are mocking GRACEGLORY

What a Shame of a creature you are.

PeaceIlya:
As a young CryptoCurrency TRADER (kindly note the word, TRADER), be SMART and not GREEDY, 10%-15% is a good PROFIT but if your fundamentals & Due Diligence are good, you can hold for as long as you wish.

For example,
Lets do the maths,

You are a trader you Invested =N=10,000 that's about $10 if you get $11 which is 10% don't be greedy take your profit

In addition, I have been learning and still learning, here are few I learnt

- The success or failure of a Crypto currency depends on your EMOTIONS.

- You are RESPONSIBLE for every trade in the market

- Plan a trade and trade a plan, don't ever follow the CROWD it ends in premium tears.

- Know your entry and exit plan & reason for such trade

- Do not make a decision or trade in the spur of the moment because your sense of judgement is beclouded.

- Impulsive trade are very dangerous.

- Have a limit to the amount you can risk in a trade i.e. avoid risking more than a certain percentage on your capital e.g. if you started out with $100, do not risk more than a certain percentage determined by YOU on a coin.

- Learn as much as you can, ask questions.

- Do not get GREEDY to trade.

- Design a trade system that will trade less often.

- Develop a method for analysing the market e.g if A should happen B should be in profit.

-Develop a money management plan e.g how much you will invest monthly, quarterly and annually.

- if you are not sure of a trade, air on the side of caution.

- Do not deal with exchanges with high fees, shop for the exchange with the lowest fee (Binance). Sign up with my link on my signature, we get free coins and $200

- Traders LOOSE because of lack of DISCIPLINE or IGNORANCE.

- MULTIPLE STREAMS of income is the key to your financial break-through (I shall share this as we proceed)

- The KEY to winning is not in your system or phone, it's in your head.

Finally, the weakest link of any Crypto currency business is the TRADER/ INVESTOR
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Nedum001